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 FD rates in Malaysia, Which bank offer the highest FD rates?

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insaint708
post Jul 14 2011, 10:30 PM

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QUOTE(Gen-X @ Jul 14 2011, 07:30 PM)
The best rate for RM8K will be at Affin Bank 12 months 3.6%

Or if you got RM10K, then go for OCBC promotion 3 months at 3.3%
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I dont find OCBC promotion in their website. When is the promotion ends?
insaint708
post Jul 18 2011, 11:29 AM

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Has anyone put FD in Affin Bank before?
insaint708
post Jul 18 2011, 09:54 PM

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QUOTE(yourmagiccloset @ Jul 18 2011, 02:34 PM)
Yes, just did tried a month back,insaint708. You have worries putting your money to Affin Bank ?
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Just curious why Affin Bank's interest rate is much higher compare to other banks...
insaint708
post Jul 26 2011, 11:12 PM

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QUOTE(Debuantu @ Jul 26 2011, 10:37 PM)
Haha dont worry AUD is strong. I transferred all my RM savings into AUD at the beginning of the financial crisis at the rate of 1AUD=RM2.2, now it's RM 3.2 for an aussie dollar (gained almost RM20k on aussie dollar appreciation).  brows.gif
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You are lucky! Wish i had done that... too bad
insaint708
post Aug 2 2011, 10:29 AM

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QUOTE(penangmee @ Aug 1 2011, 11:10 PM)
Advert in the Star today
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Wonder why it did not update in their website?
insaint708
post Aug 2 2011, 10:45 PM

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QUOTE(soul2soul @ Aug 2 2011, 07:13 PM)
Effective rate 3.3% only. 1st 2 months 3.1 , 3rd
month 3.7%  Minimal is 20k

Can't do it online through eFD but have to open on their branch.

Promotion will stop once Maybank got their target  RM 1 billion deposit.
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So after 3 months you'll get 3.7% pa? Is it worth?
insaint708
post Aug 2 2011, 11:28 PM

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QUOTE(mcwong @ Aug 2 2011, 02:16 PM)
there is a terms and condition for this  promotion, they told me min 20k for this promotion rate.
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When the promotion ends?
insaint708
post Aug 7 2011, 12:12 AM

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QUOTE(gsc @ Aug 6 2011, 01:13 AM)
forgot to mention UOB 9 mth is 3.6%
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UOB minimum 25k
RHB minimum 30k

If 10k where should i deposit?
insaint708
post Aug 11 2011, 11:08 PM

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QUOTE(jtleon @ Aug 11 2011, 08:51 PM)
http://www1.uob.com.my/personal/promotions...eka18072011.htm

UOB Merdeka Promotion
3 mo. 3.45%
6 mo. 3.6%
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it is 9 month 3.6% smile.gif
insaint708
post Aug 15 2011, 06:37 PM

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QUOTE(spikeman @ Aug 15 2011, 04:53 PM)
Just dropped by Hong Leong today to confirm the above.

its valid till Nov 30 2011.

Minimum 10K, Non Flexi account.
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means normal FD account? I saw their website show it is Flexi account though..

http://www.hlb.com.my/promo/pfs/dep_flexiF...dex.jsp?s=promo
insaint708
post Aug 15 2011, 10:06 PM

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QUOTE(ck23 @ Aug 15 2011, 08:46 PM)
i saw it in newspaper.
3month 3.45%
9month 3.6%
12month 3.8%p.a
min 10k.
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oh really? min 10k? i saw in their website is showing 3.4% for 12 months instead of 3.8%
can you confirm it?

http://www.ocbc.com.my/personal-banking/Pr...0Promotion.shtm
insaint708
post Aug 22 2011, 01:01 PM

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Anyone know what is HLB Flexi FD?
insaint708
post Aug 23 2011, 06:45 PM

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QUOTE(gsc @ Aug 23 2011, 11:54 AM)
open a junior flexi FD yesterday. Very bad and slow service. Waited for half hour and another half hour opening account. Why cant they let the customer service counter help to process the application of account to shorten the queuing time. Very unproductive way of work processing. Logical work scheduling is parallel processing or divide up the processing jobs to free up counter staff work load.

Another bad point is HL bank staff does not know their own products well. One said need the junior to be around to open junior FD, one said 55 yrs old or above for senior flexi FD, the fact is no need presence of junior and 50 yrs old can open senior account.

Senior flexi FD is 3.8% per year but you must open a current account
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Sigh~ need to open current account to enjoy Flexi FD interest..
insaint708
post Aug 23 2011, 10:28 PM

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QUOTE(MNet @ Aug 23 2011, 10:02 PM)
How u put FD if u hv 10006 ?

10006 1 shot ?

rate
3/100 x 30 / 365

Do put 5003 so u get interest 12.34/month

if u put 10006 u only get 24.67/month

that is 5k

u will see the significant amount if u repeat it.
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What do you mean?
insaint708
post Aug 27 2011, 12:27 PM

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nowadays most of the bank already have AUTO renew for FD unless those "old" FD

This post has been edited by insaint708: Aug 27 2011, 12:27 PM
insaint708
post Aug 29 2011, 11:11 PM

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QUOTE(DarReNz @ Aug 29 2011, 09:34 PM)
which bank now has the highest fd rate which doesn't impose a huge chunk of money that you have to invest in ?
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Affin bank
insaint708
post Sep 1 2011, 03:11 PM

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QUOTE(hongchai888 @ Aug 30 2011, 08:01 AM)
How much interest for Affin?
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http://www.affinbank.com.my/rates/ratesfd.htm
insaint708
post Sep 21 2011, 12:18 PM

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MBSB?? what is this?
insaint708
post Sep 29 2011, 02:24 PM

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QUOTE(BoomChaCha @ Sep 29 2011, 01:31 PM)
Yes, we can only get this 5% promotion rate by opening a Standard & Chartered Bank saving account in between
1 October 2011 and 31 October 2011. Depending on how soon we can open the account with Standard & Chartered Bank.
5% interest will calculate the average deposit fund on daily basis until 31 December 2011.

Interest will calculate in between the date we put money in and the date we make withdrawal anytime during 1 October 2011 until 31 December 2011 (calculate 5% interest rate p.a. on daily basis).
But bear in mind that 5%% interest will only pay in 3 working days after 31 December 2011.

Minimum placement is RM 3K to maintain the account (will pay 5% interest on it)
Maximum placement is RM 500K per account
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So let's say u deposit 3k on 1st Oct and withdraw on 3th Jan (after 31 dec 2011)
how much interest u gain?

RM12.5 per month X 3 = RM37.5

the interest paid is month basis or daily basis?
insaint708
post Oct 3 2011, 05:19 PM

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it is worth to open esaver with standard charted with 5% pa? is it higher than normal FD of 3 months?

sifus.. how do you calculate..

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